Global Medical Cannabis Market Size study & Forecast, by Product Type, by Application, by End User and Regional Analysis, 2022-2029

Description

List of Tables

Global Medical Cannabis Market is valued approximately USD 8432.25 million in 2021 and is anticipated to grow with a healthy growth rate of more than 23.60% over the forecast period 2022-2029. Medical cannabis refers to the use of cannabis or cannabinoids to treat medical conditions or alleviate symptoms. These products may include dried cannabis flower, cannabis oil, capsules, and tinctures, among others. The global medical cannabis market is growing rapidly due to increasing awareness of the potential health benefits of cannabis-based products, the legalization of medical cannabis in several countries, and the growing acceptance of cannabis for medical use. Moreover, increasing demand for natural and alternative therapies and growing investment and research is creating lucrative growth opportunity for the market over the forecast period 2022-2029.

In December 2020, the United Nations Commission on Narcotic Drugs voted to remove cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs, recognizing its potential medical benefits and paving the way for more countries to legalize medical cannabis. In 2020, the European Union (EU) amended its regulations to allow for the use of cannabis-based medicines for the treatment of chronic pain, spasticity, and nausea associated with chemotherapy. In February 2021, the government of United Kingdom announced that it would allow medical cannabis to be prescribed by specialist doctors for patients with chronic pain, epilepsy, and other conditions. However, the high cost of Medical Cannabis stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Medical Cannabis Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is currently the largest market for medical cannabis, with the United States and Canada accounting for a significant share of the market. In the United States, more than 35 states have legalized medical cannabis, creating a large market for cannabis-based products. The increasing prevalence of chronic diseases and the growing demand for natural and alternative therapies are also driving market growth in this region. The Asia-Pacific region is expected to witness significant growth in the medical cannabis market due to the increasing acceptance of medical cannabis, growing patient awareness, and the presence of a large patient population with chronic diseases. Countries such as Australia, New Zealand, and Thailand have legalized medical cannabis, while others such as India and China are considering legalization.

Major market players included in this report are:

Aurora marijuana Inc.
Canopy Growth Corporation
Cronos Group Inc.
Maricann Group, Inc.
Medical Marijuana, Inc.
OrganiGram Holding Inc.
Terra Tech Corp.
Tikun Olam Ltd.
Tilray, Inc.
VIVO Cannabis Inc.

Recent Developments in the Market:

In 2019, Canopy Growth Corporation launched a line of cannabis-based products specifically for the medical market. The company also acquired C3 Cannabinoid Compound Company, a German-based medical cannabis company, to expand its operations in Europe.
In 2019, Aurora Cannabis Inc. acquired Hempco Food and Fiber, a hemp-based food and supplement company, to expand its product offerings in the medical cannabis market. The company also launched several new medical cannabis products in Canada and Europe.

Global Medical Cannabis Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Application, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product Type offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product Type:

Buds/Marijuana Flower
Cannabis Extracts

By Application:

Chronic Pain
Mental Disorders
Cancer
Others

By End User:

Pharmaceutical
Research & Development Centers

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Medical Cannabis Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Medical Cannabis Market, by Product Type, 2019-2029 (USD Million)
- 1.2.3. Medical Cannabis Market, by Application, 2019-2029 (USD Million)
- 1.2.4. Medical Cannabis Market, by End User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Medical Cannabis Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Medical Cannabis Market Dynamics

3.1. Medical Cannabis Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing awareness of the potential health benefits of cannabis-based products
  - 3.1.1.2. Legalization of medical cannabis in several countries,
  - 3.1.1.3. The growing acceptance of cannabis for medical use
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Medical Cannabis
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand for natural and alternative therapies
  - 3.1.3.2. Growing investment and research

Chapter 4. Global Medical Cannabis Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Medical Cannabis Market, by Product Type

6.1. Market Snapshot
6.2. Global Medical Cannabis Market by Product Type, Performance - Potential Analysis
6.3. Global Medical Cannabis Market Estimates & Forecasts by Product Type 2019-2029 (USD Million)
6.4. Medical Cannabis Market, Sub Segment Analysis
- 6.4.1. Buds/Marijuana Flower
- 6.4.2. Cannabis Extracts

Chapter 7. Global Medical Cannabis Market, by Application

7.1. Market Snapshot
7.2. Global Medical Cannabis Market by Application, Performance - Potential Analysis
7.3. Global Medical Cannabis Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Medical Cannabis Market, Sub Segment Analysis
- 7.4.1. Chronic Pain
- 7.4.2. Mental Disorders
- 7.4.3. Cancer
- 7.4.4. Others

Chapter 8. Global Medical Cannabis Market, by End User

8.1. Market Snapshot
8.2. Global Medical Cannabis Market by End User, Performance - Potential Analysis
8.3. Global Medical Cannabis Market Estimates & Forecasts by End User 2019-2029 (USD Million)
8.4. Medical Cannabis Market, Sub Segment Analysis
- 8.4.1. Pharmaceutical
- 8.4.2. Research & Development Centers

Chapter 9. Global Medical Cannabis Market, Regional Analysis

9.1. Medical Cannabis Market, Regional Market Snapshot
9.2. North America Medical Cannabis Market
- 9.2.1. U.S. Medical Cannabis Market
  - 9.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Medical Cannabis Market
9.3. Europe Medical Cannabis Market Snapshot
- 9.3.1. U.K. Medical Cannabis Market
- 9.3.2. Germany Medical Cannabis Market
- 9.3.3. France Medical Cannabis Market
- 9.3.4. Spain Medical Cannabis Market
- 9.3.5. Italy Medical Cannabis Market
- 9.3.6. Rest of Europe Medical Cannabis Market
9.4. Asia-Pacific Medical Cannabis Market Snapshot
- 9.4.1. China Medical Cannabis Market
- 9.4.2. India Medical Cannabis Market
- 9.4.3. Japan Medical Cannabis Market
- 9.4.4. Australia Medical Cannabis Market
- 9.4.5. South Korea Medical Cannabis Market
- 9.4.6. Rest of Asia Pacific Medical Cannabis Market
9.5. Latin America Medical Cannabis Market Snapshot
- 9.5.1. Brazil Medical Cannabis Market
- 9.5.2. Mexico Medical Cannabis Market
9.6. Rest of The World Medical Cannabis Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Aurora marijuana Inc.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Canopy Growth Corporation
- 10.2.3. Cronos Group Inc.
- 10.2.4. Maricann Group, Inc.
- 10.2.5. Medical Marijuana, Inc.
- 10.2.6. OrganiGram Holding Inc.
- 10.2.7. Terra Tech Corp.
- 10.2.8. Tikun Olam Ltd.
- 10.2.9. Tilray, Inc.
- 10.2.10. VIVO Cannabis Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Medical Cannabis Market, report scope
TABLE 2. Global Medical Cannabis Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Medical Cannabis Market estimates & forecasts by Product Type 2019-2029 (USD Million)
TABLE 4. Global Medical Cannabis Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 5. Global Medical Cannabis Market estimates & forecasts by End User 2019-2029 (USD Million)
TABLE 6. Global Medical Cannabis Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Medical Cannabis Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Medical Cannabis Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Medical Cannabis Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Medical Cannabis Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Medical Cannabis Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Medical Cannabis Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Medical Cannabis Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Medical Cannabis Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Medical Cannabis Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. U.S. Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. Canada Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 20. Canada Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. Canada Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. UK Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 23. UK Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. UK Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. Germany Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 26. Germany Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. Germany Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. France Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 29. France Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. France Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. Italy Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 32. Italy Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Italy Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Spain Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 35. Spain Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. Spain Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. RoE Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 38. RoE Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. RoE Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. China Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 41. China Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. China Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. India Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 44. India Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. India Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. Japan Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 47. Japan Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. Japan Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. South Korea Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 50. South Korea Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. South Korea Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. Australia Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 53. Australia Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. Australia Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. RoAPAC Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 56. RoAPAC Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. RoAPAC Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. Brazil Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 59. Brazil Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Brazil Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Mexico Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 62. Mexico Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. Mexico Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. RoLA Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 65. RoLA Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. RoLA Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. Row Medical Cannabis Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 68. Row Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. Row Medical Cannabis Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Medical Cannabis Market
TABLE 71. List of primary sources, used in the study of global Medical Cannabis Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Medical Cannabis Market, research methodology
FIG 2. Global Medical Cannabis Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Medical Cannabis Market, key trends 2021
FIG 5. Global Medical Cannabis Market, growth prospects 2022-2029
FIG 6. Global Medical Cannabis Market, porters 5 force model
FIG 7. Global Medical Cannabis Market, pest analysis
FIG 8. Global Medical Cannabis Market, value chain analysis
FIG 9. Global Medical Cannabis Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Medical Cannabis Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Medical Cannabis Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Medical Cannabis Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Medical Cannabis Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Medical Cannabis Market, regional snapshot 2019 & 2029
FIG 15. North America Medical Cannabis Market 2019 & 2029 (USD Million)
FIG 16. Europe Medical Cannabis Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Medical Cannabis Market 2019 & 2029 (USD Million)
FIG 18. Latin America Medical Cannabis Market 2019 & 2029 (USD Million)
FIG 19. Global Medical Cannabis Market, company Market share analysis (2021)